As Q2 closes, all eyes are on Fitch’s assessment of Israel’s economy, which will likely have a significant impact on the country’s credit rating.
A boost in consumer confidence has been observed amid recent political and economic uncertainties.
"We call from here to the leaders of the state of Israel - stop, talk and reach agreements," said Bank Hapoalim CEO, Dov Kotler.
TV advertisements for banks in Israel deal with marginal trivialities in an age of economic confusion.
The NewVest investment fund raised $220 million from prominent investors, including Israel's Bank Hapoalim and Bar-Ilan University.
Adiel Weiss, a Fixed Income Analyst with Bank Hapoalim, discusses the significance of bonds in today’s financial picture with Tamar Uriel-Beeri, Managing Editor of jpost.com
Israel's tech sector is the country's main growth engine and its relationship with the Silicon Valley region is strong. Many Israeli startups had accounts at SVB although the amounts are unconfirmed.
The bankers fear a wave of withdrawals and the negative effect a unilateral activation of the judicial reforms will have on the economy and on Israel's international standing.
Effi Shkolnik, Bonds Analyst with Bank Hapoalim, discusses the significance of bonds in today’s financial picture with Tamar Uriel-Beeri, Managing Editor of jpost.com